巴克莱-美股-互联网与媒体行业-互联网与媒体：为什么捆绑销售是未来流媒体的趋势.pdfVIP

FOCUS Equity Research 2 October 2019 Internet Media Why bundles are the future of INDUSTRY UPDATE streaming U.S. Cable, Satellite Telecom Services NEUTRAL Unchanged Back to the future: In the next 12 months, we are likely to see 10 new streaming video U.S. Media services being launched in the US by legacy media companies and new entrants. This NEUTRAL process is quite similar to the proliferation of cable networks in the 1980s and 1990s Unchanged which was also considered unsustainable but we all now subscribe to 200+ channel bundles. While a lot of the attention today is on individual streaming services, we